Parke Bancorp Q1 EPS $0.51 Down From $0.92 YoY
Portfolio Pulse from Benzinga Newsdesk
Parke Bancorp (NASDAQ:PKBK) reported a significant decrease in its quarterly earnings, with EPS dropping to $0.51 from $0.92 YoY, marking a 44.57% decline.
April 19, 2024 | 8:17 pm
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Parke Bancorp reported a 44.57% decrease in quarterly earnings, with EPS falling to $0.51 from $0.92 YoY.
The significant decrease in earnings per share (EPS) for Parke Bancorp is a critical indicator of the company's financial health and profitability, likely leading to negative investor sentiment and a potential decrease in stock price in the short term.
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